Examples of Maximum Conversion Rate in a sentence

The Company shall provide, free from preemptive rights, out of its authorized but unissued shares or shares held in treasury, sufficient shares of Common Stock to provide for conversion of the Notes from time to time as such Notes are presented for conversion (assuming delivery upon conversion of the Notes of a number of shares of Common Stock per $1,000 principal amount of Notes equal to the Maximum Conversion Rate).

More Definitions of Maximum Conversion Rate

Maximum Conversion Rate means 34.4840 Common Shares per share of Series A Preferred Stock, which is equal to $1,000, divided by the Initial Price, subject to adjustment pursuant to Section 9 of this Subdivision.

Maximum Conversion Rate means 10,000 shares of Common Stock for each $1,000 principal amount of Securities, subject to the same proportional adjustment as the Base Conversion Rate in accordance with Section 9.04 (other than Section 9.04(b)) and Section 9.05.

Maximum Conversion Rate shall have the meaning set forth in the definition of Conversion Rate.

Maximum Conversion Rate means the “Conversion Rate” (as defined in the Indenture) plus the maximum increase thereto in connection with a “Make-Whole Fundamental Change” (as defined in the Indenture).

Maximum Conversion Rate initially means 0.5405 shares of Common Stock per share of Mandatory Convertible Preferred Stock; provided, however, that the Maximum Conversion Rate is subject to adjustment pursuant to Sections 9(f) and 9(g). Each reference in this Certificate of Designations or the Mandatory Convertible Preferred Stock to the Maximum Conversion Rate as of a particular date without setting forth a particular time on such date will be deemed to be a reference to the Maximum Conversion Rate immediately before the Close of Business on such date.

Maximum Conversion Rate has the meaning set forth in Section 9.8(i) hereof.

Maximum Conversion Rate means 26.2054 shares of Common Stock, subject to adjustment as set forth in Article 12.